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BIT Mining Analyst Ratings

BTCMNYSE
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$2.08
0.126.12%
Q4 2024 Earnings were released on Fri Feb 28th, after the market close

BIT Mining Analyst Ratings and Price Targets | NYSE:BTCM | Benzinga

BIT Mining Corp has a consensus price target of $567.61 based on the ratings of 38 analysts. The high is $1350 issued by HSBC on May 10, 2024<. The low is $100 issued by Deutsche Bank on August 5, 2024. The 3 most-recent analyst ratings were released by New Street Research, Goldman Sachs, and Deutsche Bank on August 6, 2024, August 5, 2024, and August 5, 2024, respectively. With an average price target of $118.33 between New Street Research, Goldman Sachs, and Deutsche Bank, there's an implied 0.21% upside for BIT Mining Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
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Dec 24
Buy
Hold
Sell
Strong Sell

Analyst Ratings for BIT Mining

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FAQ

Q

What is the target price for BIT Mining (BTCM) stock?

A

The latest price target for BIT Mining (NYSE:BTCM) was reported by HC Wainwright & Co. on December 5, 2024. The analyst firm set a price target for $0.00 expecting BTCM to fall to within 12 months (a possible -100.00% downside). 1 analyst firms have reported ratings in the last year.

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What is the most recent analyst rating for BIT Mining (BTCM)?

A

The latest analyst rating for BIT Mining (NYSE:BTCM) was provided by HC Wainwright & Co., and BIT Mining reiterated their neutral rating.

Q

When was the last upgrade for BIT Mining (BTCM)?

A

There is no last upgrade for BIT Mining

Q

When was the last downgrade for BIT Mining (BTCM)?

A

There is no last downgrade for BIT Mining.

Q

When is the next analyst rating going to be posted or updated for BIT Mining (BTCM)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of BIT Mining, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for BIT Mining was filed on December 5, 2024 so you should expect the next rating to be made available sometime around December 5, 2025.

Q

Is the Analyst Rating BIT Mining (BTCM) correct?

A

While ratings are subjective and will change, the latest BIT Mining (BTCM) rating was a reiterated with a price target of $0.00 to $0.00. The current price BIT Mining (BTCM) is trading at is $2.03, which is out of the analyst’s predicted range.

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